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Feb 5, 2013
02/13
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FOXNEWSW
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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105
Feb 12, 2013
02/13
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CSPAN
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eye 105
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limit, debt ceiling deadline of may 19. the time, ladies and gentlemen, where we if we can work together, if we can work together as a -- as the representatives of the people of this great country, come together and find the solutions that will get us on the pro-growth path. because you can't balance the budget solely on raising taxes you can't budget the balance -- balance the budget solely on spend regular duckses. you have to get the economy rolling again. for us that means appropriate tax reform, saving, strengthening, and securing medicare, medicaid, an social security, programs on a path to bankruptcy. it means adopting a sane energy policy to make it so we're energy independent, we don't have to continue to send money overseas, over and over and over. and also it means recognizing that we are a red tape regulation nation right now that is destroying the ability for small and large businesses to create jobs. pro growth policies are what will actually get us out of the doll drum wers in right now. finally, let me leave
limit, debt ceiling deadline of may 19. the time, ladies and gentlemen, where we if we can work together, if we can work together as a -- as the representatives of the people of this great country, come together and find the solutions that will get us on the pro-growth path. because you can't balance the budget solely on raising taxes you can't budget the balance -- balance the budget solely on spend regular duckses. you have to get the economy rolling again. for us that means appropriate tax...
64
64
Feb 13, 2013
02/13
by
CSPAN2
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eye 64
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then we move into the debt limit, the debt ceiling deadline of may 19th, the time, ladies and gentlemen, where we -- if we can work together, if we can work together as a -- the representatives of the people of this great country come together and find the solutions that will get us on the pro-growth path because you can't balance the budget solely on raising taxes. you can't blansz the budget sewly on spending reductions. you've got to get the economy rolling again, and for us, that means appropriate tax reform. it means savings, strengthening medicare, medicaid, social security, programs currently on the path for bankruptcy. means adopting a scene energy program for the country so with are independent so we stop sending money overseas over and over and over, and it means recognizing we're a red tape regulation nation now destroying the ability for small businesses to create jobs. pro-growth policies get us out of the dull drums we're in now. the challenge as the fourth of state. i don't ask you to driveway with us on any of these, but i challenge you to make certain that as you look a
then we move into the debt limit, the debt ceiling deadline of may 19th, the time, ladies and gentlemen, where we -- if we can work together, if we can work together as a -- the representatives of the people of this great country come together and find the solutions that will get us on the pro-growth path because you can't balance the budget solely on raising taxes. you can't blansz the budget sewly on spending reductions. you've got to get the economy rolling again, and for us, that means...
111
111
Feb 8, 2013
02/13
by
CSPAN2
tv
eye 111
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so i think the concern about article you should ourselves in the foot, you know, not raise the debt ceiling or not come to an agreement on various things. one of the main things, i am still i think more nervous about europe and some people, precisely because though interest rates are down in some of the most troubled countries, their troubles are still there. so i don't think that's a problem that has gone away. i do think we still have a risk to the economy. unfortunately, that does he is heading off the robust fast recovery. i think 2013 will be better than 2012. i wish i could tell you it will be really, really good because that's what we dashed we need. >> i'm not a forecaster. i don't have a ph.d in economics. i specialize in economic policy. so i tried to be a good consumer of other forecasts. one thing i've learned from that is frankly i don't trust any macro forecast that goes beyond six months. because i don't think anyone is any -- they're just guessing beyond that. i think we probably, at least i would have similar reactions. i am still very concerned about the risk posed by euro
so i think the concern about article you should ourselves in the foot, you know, not raise the debt ceiling or not come to an agreement on various things. one of the main things, i am still i think more nervous about europe and some people, precisely because though interest rates are down in some of the most troubled countries, their troubles are still there. so i don't think that's a problem that has gone away. i do think we still have a risk to the economy. unfortunately, that does he is...
102
102
Feb 4, 2013
02/13
by
CSPAN2
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eye 102
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it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to how we can bring our country into better fiscal balance. we need a balanced approach. we need an approach that looks at spending, looks at revenues, that acknowledges that job growth is first and foremost our objective. we have got to create more jobs in our economy. more people working, less people needing governmental services, more people paying tax revenues. all of that helps generate the growth in our economy. we have got to protect the middle class. the middle class has been particularly vulnerable during this slowdown in our econo
it was not addressed in the debt ceiling. the debt ceiling should have been extended, but we need to now deal with the fundamental problem that our spending and revenues are not in line. now, we could talk about the cause of how we got here. we could talk about how the congress reduced tax revenues while we were at war, a policy that i spoke out against and voted against, but our responsibility is to figure out how we go from where we are today with budget deficits that are not sustainable to...
169
169
Feb 5, 2013
02/13
by
CURRENT
tv
eye 169
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quote 1
the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >
the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native...